Today Parkson has shown its real intention
Parkson Retail Daily 8 Feb 17 |
I have taken away the EMA lines for easy illustration purpose. A messy chart is hard to read.
Today's candle is a bullish engulfing one, closing above the immediate pink bear region. Volume is good as well. I expect momentum to continue tomorrow. A break above 123 should see price heading north to 131 region.
EP 121, SL 118, TP 131, 138
MTOBEIYF
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